Gwang-eun Implements Customized Work System for Work-Family Balance and Childcare

Flexible Working Hours Implemented
"Achieving Work-Life Balance"

Gwangju Bank (President Ko Byungil) is implementing two customized work systems to support employees in creating a happy workplace and actively balancing work and family life by providing care for elementary school children. Photo by Gwangju Bank

Gwangju Bank (President Ko Byungil) announced on the 12th that it will implement two 'customized work systems' to support elementary school child care, aiming to create a happy workplace for its employees and actively promote work-life balance.

The first system applies for two months until May to employees with children entering elementary school. Eligible employees can choose either to start work at 10 a.m. or leave work at 5 p.m. This allows parents to support their children's commute to and from school, helping them adapt to school life more quickly.

The second system, targeting employees with children in the first or second grade of elementary school, allows them to start work at 9:30 a.m. throughout the year. These employees will enjoy a flexible working environment all year long, enabling them to achieve work-life balance.

With the implementation of these systems, 108 employees with children entering elementary school and 199 employees with children in the first or second grade will benefit. There is no disadvantage in terms of wages or promotions due to the delayed start time, leading to high participation rates and positive responses as a new welfare system to address the era of low birth rates.

Gwangju Bank has been operating the '10 a.m. Child Care Start System' for employees with children entering elementary school since 2018, helping them with child-rearing. This year, through labor-management discussions, the system was expanded to allow employees to choose not only their start time but also their end time. In addition, the scope was broadened to include employees with children in the first or second grade, so that more employees can benefit.

Ko Byungil, President of Gwangju Bank, stated, "We will support work-life balance by reducing the child care burden not only for employees with children entering elementary school but also for those with children in the lower grades. As a company setting an example in the local community, we will continue to make practical efforts to address the low birth rate issue."

This content was produced with the assistance of AI translation services.